Potraz doubles voice, data tariffs

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has more than doubled the data and voice tariffs to rescue the capital-intensive sector, reeling from the sharp depreciation of the local currency.

This is the third time that tariffs have been increased this year after reviews in February and April.

Since April, the local currency has depreciated by 444%, against the greenback, to US$1: ZWL$5 695,9159 on Wednesday, meaning that telecommunications needed to raise prices to maintain the value of their services.

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